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November 15, 2024 |
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| Home > Small Business Lenders by State > Iowa Business Loan Sources > Johnston, Business Loans > Charter Bank Johnston Business Loans > Car-X Auto Service Centers Loan | ||||
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How to Get SBA Loans in Clive, Iowa
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Iowa Entrepreneur Secures Financing to Buy Car-X Muffler Shop FranchiseBorrowing money to invest in a Car-X Muffler Shop franchise? Charter Bank has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy a Car-X Muffler Shop franchise? If so, here's a 2007 SBA franchise loan that you should know about. Charter Bank was the lender and the entrepreneur was based in Clive, Iowa. SBA Loan Borrower CAR-X AUTO SERVICE CENTERS SBA Loan Lender CHARTER BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan for a small business was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 811111 - General Automotive Repair Loan Approval Date 12/20/2007 Loan Approval Gross Amount $1,750,000 Loan Approval from the SBA Of the total $1,750,000 loan amount, the SBA guaranteed $1,312,500. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Car-X Muffler Shop franchise. At the time of the loan, the company had 33 employees. The loan application indicated that the loan would help retain 33 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans provide smart, affordable business financing for small businesses looking to expand. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. About This SBA Loan Information: All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ. Related Links: Obtaining Funding - Getting Venture Capital Small Business Banks in Johnston, Iowa
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